Three generations will detrmine whether humanity wins or loses sustainabliity.
THE GRAND & SUPERPOWER SCARED
Those whose youth was spent impacted by world war 2 (stalin , hitler, nuclear) and who in the 1950s dreamed up the most wonderful social concepts (but with no income sustaining model).
In effect this generatoon (see pope francis Strasbourg admonition
of systems dsigned for infertle haggard granmothers) was planting the seeds of exponentially crashing ponzi schemes
the only journalist at the EU's birth at Messina reports on founders epaceloving dreams
Urgent question: Will these ponzi schemes destroy the livelihoods of youth as 21st C comes of age? -NB this is the generation who most needed sustainability investments designed into expoential futures to crack the code of 3 billion new jobs- billion renewing planet, billion renewing family and community linked through every global vilage, billlion coding way above zero-sum mobile open source solutions and leapfroging infrastrustures which hostory had so partually disributed through empire and thing extraction age
THE CORPORATELY & POLITICALLY UNCONSCIOUS PARENTS
the middle geenration to design globalisation . The opportunity could have been to open society in ways that minimised intergenerational threats and took future way above the zero sum games of currency and consuming up scarce things. Instead this generation designed big bangs, bubbles of dotoms, fraudulently audited utilitoes and sub-prime banking. Their trap was particularly dismal in developing big capital cities. Much of this generation's main income didnt depend on creativity of hard work but benefiting from property bubbles - caused by by the tv age's double whammy oif politicians not taxiing property so as prevent such citizen bubbles, while not regulating banks form mathematically fraudelnt aaa ratings
Future History of BBC by Norman Macrae - Unacknowledged Giant of The Economist - what could the world service broadcaster ...
Here are ten of the least expoentialy economic things that systems such as the European Union did ,and which Britons now should invite every citizen group -and global youth
- to exit from
10 Free trade can be a positive intergenerational dynamic provided you dont muddle it with a common currency and you dont compound top down mountains of stuff that causes particular harm to those on the excluded side of the borders to your free trade. The Berlin-Brussels deigned the worst policy for ukraine as piggy in middle with old USSR. The worst policy at borders of turkey (the land bridge between euro and eastern cultures) , and left greece and italy with the msot ignorant immigrant policies due to not learning from the cultural crisis of toppling saddam hussein before toppling gaddafi. Note the particular role of germany versus ukraine. Instead of caring about this geographically most dsiadvantaged of nations between east and west europe (the one who had suffered most from ussr ineffiucieny to keep nuclear safe) Germany became so dependent on cheap energy from russia that the EU that Germany ordered wasnt going to lift a protective finger to prevent russian invasion of ukraine
9 Note the euro was a peculair ponzi scheme mainly designed by germany to keep its hi international perfomances rigged by artifiacially low currency and a ponzi scheme of brussels bureaucrats who loved to rule over grang continent-wide projects, with the french the other dominat uneconomic policy making force believing it was Europe's top dog over germany and every nation < In reality France was actually in the worst social contracts with its workers and least competent in understanding germany's financial and psycholgical takeover of the contienent
8 if you are going to unite places in win-wins then funds allocated to disadvantaged places need to design in relative marketing advanatages. However the early 1990s EU funds to countries like portugal were given to manufactiring companies to produce more stuff but gave no advice on market differentiation. So portugal produced more things mountans but with no export markets for relatively low quality and generic (non-brand segmented) items. If there was a single huge giveaway scheme between richer and poorer nations that was designed to give one of the pooerst countries in the union its own advantage (whiule being locked into a common currency) I would love to know where it was and how that scheme was designed with a sustainable nation bradning edge that eg PEDIP so thoughtlessly failed to design
7 Around 1999 Europe got one of the doubly worst millennial bugs. This was a political dream of aiming to be the knowledge economy continent leading the world and celebrating millennial projects as beacons of intergenerational hope. Probably the worst white elephant projects was watching greece being awarded olympics for 2004. Note how the sporting non-profits were hugely uneconomic and a trap for greece , for what supersar heroes youth follow, for where the profit of the non -profit went. As we know from FIFA parallel house of frauds big profits largely go into adminstrators swiss bank accounts. Europe's most scary countries in secret banking were swizterland with its strange arrangemt of not being in the EU but prime tax haven for every big poliutician or corporate. Inside the union Luxembourg
6 Luxembourg was also to play several key roles in destroying the peoples knowledge economy. Unlike the knowledge co-working views of eg peter dricker , luxemnbourg's pride and joy was every advance in technology that replaced workers. Why? because ulptimately it was the home for the boigest individual dynasties and their hedge funds. The kinds that believed 20% return could be the norm if you backed digital startups. In fact the built to flip model of dotcoms was the first of bubble waves of Low-Trust professionals . The 2000s followed with fraudulently audited ulities or genertic producers (from usa enron to europe's parmalat) and then subprimes.Note there is a guaranteed way to make a killing on the stockmarket which is to bubble up something then sell short before you prick the bubble In the year 2000 Brookings published unseen wealth explaining how the big 5 auditors had raced to maintain their tangible auditing monopoly by creating algorithms for intangilbes valuation that they had no audit competence at -and so which compounded unseen risks. Bush closed down this US movement with the main author of unseen wealth being despatched to ameruca's coventry -ie from her positiion at georgetown law school to tenessee. Remember US in 1999- if the voting count had been equitable gore might have actually supported sustainable global accounting. For 3 more years the EU accidentally permitted gutsy research on intangibles which in Knowledge speak was given the name : intellectual capital. I remember the day when i was having lunch in brissels with the head of eu resarch funds for intagibles- chris this research has been closed down. Politicians feel this is an issue the public dont care about - and wont be important until 3 Eueropan Enrons all occur in the same year. As it tiurned out when far more collapsed in the worldwide subprime year of 2008, research into unseen was remained ignored. The banks were bailed out at the cost of youth. And to this day big bankking still does not audit compound risks of unseen wealth
5 Back in 1972, The Economist survey of Next 40 years explained why paper printed currencies the world over would cause a global financial meltdown in 2010s unless mactroeconomic short-fixes made by the oldest of the 3 generations were redesigned. By 1976 the ER genre was clarifying that the 3 major western organisational constitutions - corporate , government and charity were incapable of expoenetialy systemising millennials markets with the most life critical social impacts - would the greatest of all economic system design innovations be taken on? The answer by 2009 was not yet in the West.
4 Oddly the west with its old rich nations was never going to be the most innovative lab of sustainability goals experiments. The half of the world's youth living on 1% of planet earth within 3000 miles of beijong were gong to be where open system designs rose capable of unting humanity in sustainabiluty goals. Here the european union got exactly the wrong end of the stick of 1.0 bangaldesh's great economic mkiracle of vilages without infrastricure of the pre-digital age; and 2.1 from 1996 greatest coding models to leapfrog over the partial infratucture allocations of empire and industrial age. Within the space of a week of 2011 Muhamad Yunus was celebrated as chief guru at the only global microcredits summit to have been convened in europe (in spain with queen sofia idealistic champion) and a global social business partnerships conference in Brussels. Problem was by this time Yunus had lost his bank to politicians in Bangladesh. What youth needed was: a mass celebration of open source socilal startups that could be replicated across . This proved to be the last thing EU had any intent of staging. In effect private and public partnerships again left youth out of triangularising what youth as the last "yes we can" generation could have mediated so that western communities were saved from macroecoomic self-detruction
3 So today Chinese youth will be key if the great youth in development -private youth public - partnerships are to wave optimistic trationalsim around a borderless world. Will they go stiudy sistainability soltions from BRAC University in Bangladesh instead of any of the big business schools in USA?. And will languages (eg chinese, english, mother tongue, coding and emotional trust) empowered by peer to peer learning unite global youth . Their opportunity is to collaborate around social world trades across the very natons that elders wars ( physical and macroeconomic) had divided and conquered
2 So if the BREXIT is to help save social world trade the conscious purpose of the BBC could be : number 1 in broadcasting good news jobs . Those that need knowledge acted on to celebate open source microfranchise solutions. And Britain could ;lead the way in helping chinese and english speaking youth linkin above zero sum trades
1 Ultimately the learning economy (if designed around above zero sum value exchanges) can be 10 times bigger becasue action knowhow multiplies in use and can leverage "death of distance" mobile networks linking all of humanity. In contrast, zero sum speculative models implode bringing ever more risk to the least connecetd. The European Union needs to be seen as being as dead as a dodo to youth's next 3 billion jobs. Global youth can bring back cross-cultural joy and microeconomic sustainability -let all local to global cirizens exit brussels and berlins big brother continent. Its youth's time to lead and be led by investment models that value little sisters instead of Orwellian Big Brothers.
Can yunus solar for a billon model be saved by East-West from his righteous war over subprime banking